Murphy’s Laws on Law and Finance

Law of Emery.

The legal norm is the replacement of chance by mistake.

Clarke’s Law.

When a lot of people commit the same stupidity, the reason for this should be found in tax legislation.

Хар Harner’s Law on Taxes.

If the tax law requires you to choose one of two options, the incorrectness of your choice will become evident only after it is too late to change it.

Biship Law on Tax Legislation.

Changes to tax laws are made either too early or too late so that you can take advantage of them.

The principle of auditing for Blackwell.

Tax audit is mandatory for the year in which you have the biggest mistake.

Bakhold’s Law.

When there is a recovery in the economy, the rest is observed a decline.

Wicker’s Law.

The government is expanding in such a way as to swallow all incomes, and then – and a little more.

Westheimer Rule.

To set the time required to perform a task, first determine the time that it should take, then multiply this number by two and go to the next highest unit of measure. Thus, it takes two days to complete the work, which requires one hour.

The law of guppies.

If huge expenses are broken into fairly small articles, the public will not be able to understand their interrelationships in order to stop empty spending.

Consequence.

A sufficient number of guppies may well eat a large goldfish.

Spencer laws on accounting.

1. The trial balance never converges.

2. Working capital never turns.

3. Liquidity tends to fall, but illiquid – to grow.

4. Profit on the invested capital does not come.

The law of Gresham.

Small and simple questions are resolved quickly; complex and important are never solved at all.

Edwards Law.

Efforts x time = constant.

a) if at first a lot of time is devoted to doing the work, the initial efforts will be scanty;

b) as the remaining time approaches zero, the forces increase to infinity.

Consequence.

If there was no last minute, nothing could be done at all.

Bryan’s law.

Almost any organization at some point in the life cycle of its ability to succeed in spite of itself is exhausted.

Law of Institutions.

The luxury of the furnishings and decoration of offices is inversely proportional to the firm’s basic solvency.

The Hurtz Rule.

The richer the client, the more disgust he shows when he receives the invoice.

Spinoza’s budgetary principle.

Budget is just a method that allows you to worry before spending money as much as after the end.

Kuida Law on Budget Allocation.

The larger the budget, the less efficient the allocation of funds.

Rule 90/90 for the calendar schedules of any projects.

The first 90 percent of the task takes ten percent of the time, and the last 10 percent occupy the remaining ninety.

Axiom Wingfield.

Accuracy is the sum total of all compensation errors.

The motto of the Sirach Company.

Millions are for judicial protection, but not a penny for damages.

Parks Law on Insurance Rates and Taxes.

That once grew, it will remain so.

Law of Juhani.

Compromise is always more expensive than any of the options that he tries to reconcile.

The first law of monetary dynamics.

Unexpected cash income always results in an unexpected expense of the same magnitude.

Observation of Horgen.

In the midst of economists, the real world is often only a special case.

Law of Glynn.

The irritation accompanying a commercial transaction is inversely proportional to the amount of profit.

The rule of partitioning the hereditary estate.

Positions that are most difficult to divide or realize will not be mentioned at all in the will.

The Crane Law.

Such a thing as a free lunch, does not exist at all.

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